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This really has nothing to do with your insurance company and all to do with your finance company or bank. The contract you signed with them states that while still financed you agree that you will keep full coverage on the vehicle to protect them from loss due to a damaged vehicle. If you break the contract either by not making paymenst as scheduled or not keeping the required insurance they will reposses the vehicle. If you are almost paid off I would suggest calling them and see if they will agree to waive the requirement. This usually works only with small local banks that you have a good relationship with and have other accounts with as well.
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